The UK’s Daily Telegraph is running a story today on a new twist to the Yukos case. The article says that investors who lost money in the company when it was taken over by the Russian government are now accusing the Russian Federation of unlawfully expropriating their investments. Up to $100 billion could be claimed. The article reads: “Later this year, three arbitrators will begin to consider the largest compensation claim ever launched outside the normal court process. At face value, it is worth £16 billion. According to the claimants, though, not even that eye-watering sum would be enough to cover their losses. The figure they may eventually be seeking could be as much as £50 billion, or more than $100,000,000,000. At the heart of this fascinating tale is Russia’s attempt to open its oil industry to western investment in the 1990s, followed a decade later by President Putin’s decision to bring his country’s energy resources back under state control.”